With the popularity of renovation shows like The Block, it’s easy to think that build a new house should take that long.
There are several factors that can affect the build time on your new property. The average Australian house takes from four to 12 months to build, once the land is purchased and design locked in, according to industry experts.
What is the slope of the land like?
This can greatly increase the build time if the land needs to be prepared with soil removed and tree’s cleared. Having your land ready to build on can speed up the process.
How many stories is the property?
The bigger and more complex the property the longer it takes to build. This also includes making changes to the plans, each variation away from the original design can add on additional time. Using “The Pick a Plan” approach of large volume builders means many parts can be pre-built greatly reducing the build time.
Is your paperwork in order?
Making sure the title of the land has gone through and that all finance paperwork has been processed on time can stop you from running into delays when getting started.
How’s the weather?
If the area you are building in prone to long bouts of rain and storms then allow extra time for the build. Using an experienced builder in the area will help as they can give you a realistic estimate of time frames to expect.
In summary there is a wide window for build times, it;s important to ask questions and do your research so you can plan accordingly. It could be a while before you start to see any rental income and you need to financially ready for delays.
First National is Australia’s largest independent real estate group and the only 5 Star Canstar rated real estate group in Australia